Gruner + Jahr Extends its U.S. Printing Capacity by Investing $38 Million in its Brown Printing Subsidiary
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G+J had invested $55 million in expanding the printing capacity in Waseca as recently as 2005.
Dr. Bernd Kundrun, CEO Gruner + Jahr: “Our Woodstock investment strengthens the competitiveness of our successful Brown Printing subsidiary. BPC has delivered an excellent operating performance for years, generating solid profits in the process. The printing business continues to play an important role in the Gruner + Jahr portfolio, both in the U.S. and in Europe, with our stake in PRINOVIS.”
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